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Subprime Delinquency Rates at 6/30/03.(Brief Article)

Mortgage Servicing News

| October 01, 2003 | COPYRIGHT 2003 SourceMedia, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

(Based on number of loans serviced)

(part 1 of 2)

 
    Rk  Organization Name            Location 
 
    1   Fairbanks Capital Corp.      Salt Lake City, UT 
    2   Homecomings/GMAC-RFC         Bloomington, MN 
    3   Saxon Mortgage               Glen Allen, VA 
    4   HomEq Servicing Corp.        North Highland, CA 
    5   Wilshire Credit Corp.        Beauorton, OR 
    6   American Business Financial  Philadelphia, PA 
    7   Wendover Financial Services  Greensboro, NC 
    8   WMC Mortgage Corp.           Woodland Hills, CA 
    9   Washington Mutual            Seattle, WA 
    10  National City Home Loan      Pittsburgh, PA 
 
 
    (part 2 of 2) 
 
          Servicing #     Total       Fore- 
    Rk     of Loans    Past Due   closures 
 
    1       458,226      28.85%      2.22% 
    2       303,947      23.42%      4.12% 
    ...
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